March 29 2019
Fox Business: Federal housing reform is headed in the right direction: Former Fannie Mae executive
Yahoo! Finance: Ben Carson: HUD will take ‘as much time as is necessary’ on housing finance reform
American Action Forum: A Busy Week for Housing Finance Reform
Housing Wire: Housing industry responds to Trump’s calls for housing finance reform
Scotsman Guide: Trump memo calls for additional GSE-reform plans
Seeking Alpha: It’s only the start for Frannie reform, analysts say
24/7 Wall St: Why Reform Efforts for Fannie Mae and Freddie Mac May Remain Elusive
RIS Media: GSE Reform: Trump Calls for Ceasing Conservatorship, Protecting Taxpayers
Mortgage News Daily: No Surprise: Ambitious Plan to “Fix” Entire Housing Market Met With Mixed Reaction
American Banker: GSE capital rule expected this summer: FHFA’s Otting
March 28 2019
Senate Banking Committee: Chairman’s Housing Reform Outline: Part 1
Senate Banking Committee: Chairman’s Housing Reform Outline: Part 2
White House Presidential Memorandum: Memorandum on Federal Housing Finance Reform
Fox Business: Fannie and Freddie reform could get snarled in White House infighting
Politico: Trump directs agencies to develop plans to overhaul housing finance
Bloomberg: Trump Steps in Fannie-Freddie Mess With a Fix Still a Ways Off
Reuters: Trump requests reform plans for Fannie Mae, Freddie Mac
Financial Times: Trump eschews unilateral action on Fannie and Freddie
Market Watch: Kudlow, who called Fannie, Freddie profit sweep a ‘scam,’ is at center of White House housing reform plans
American Banker: Trump directs Treasury, HUD to develop GSE reform plan
Scotsman Guide: Q&A: Small lender concerns with Crapo’s GSE reform plan
Mortgage Orb: Trump Directs Treasury, HUD to Enact Housing Finance Reform
UPI: Trump calls for end of conservatorship of Fannie Mae, Freddie Mac
Market Watch: White House keeps option of going alone on Fannie Mae, Freddie Mac privatization
Housing Wire: Trump to sign memorandum on housing finance reform
Housing Wire: Trump officially calls for end to Fannie Mae, Freddie Mac conservatorship
The Real Deal: Trump admin moves to end conservatorship of Freddie, Fannie
American Banker: Will GSE reform hurt small lenders? Senators weigh in
National Association of Realtors: NAR Pushes for Bipartisan Congressional Action as GSE Reform Conversations Intensify
DS News: Diving Deeper Into Housing Finance Reform
March 27 2019
Audio Recording: Senate Banking Committee Hearings to examine Chairman’s housing reform outline, part I.
American Banker: Fannie and Freddie are way too big
American Action Forum: GSE Reform and the Senate
Market Watch: DeMarco says Senate hearing was ‘constructive’ step toward taking Fannie Mae, Freddie Mac out of conservatorship
American Banker: 4 takeaways from Senate GSE reform hearing
DS News: Working Toward Crapo’s “More Sustainable” Housing Finance System
March 26 2019
Market Watch: Fannie-Freddie reform could rewrite a familiar Washington script
National Mortgage News: Fannie and Freddie return to Senate spotlight as Crapo seeks fix
American Banker: Will Trump administration suspend GSE housing trust funds?
Value Walk: Ackman Letter: 2019 An “Optimal” Time For Fannie Mae Reform
Mortgage Orb: Freddie Mac: Housing Market Regaining Momentum
March 25 2019
Bloomberg: Fannie and Freddie Return to Senate Spotlight as Crapo Seeks Fix
DS News: The Week Ahead: Senate Committee Talks Housing Reform
Bloomberg: The U.S. Mortgage Market Needs Better Plumbing
American Banker: Pennsylvania says big banks fixed GSE bond prices
Housing Wire: World’s biggest banks accused of price-fixing Fannie Mae, Freddie Mac bonds
Bove Briefing: We Need the Old Fannie Mae and Freddie Mac Back Now
March 22 2019
New filing in Angel vs Fannie Mae, et al.
Peter Chapman writes, “Mr. Angel has asked Judge Lamberth to reconsider his decision and allow him to file an amended complaint.” Click here to view.
FHFA, Fannie and Freddie anticipate responding to Mr. Angel’s request on Apr. 15 according to a filing delivered to the court yesterday. Click here to view.
New filing in Bhatti vs FHFA, click here to view.
Peter Chapman writes, “The Bhatti Plaintiffs sent a letter to the Fifth Circuit this morning expressing telling it the First Circuit’s decision in Aurelius v. Commonwealth doesn’t have the significance FHFA thinks it does.”
New filing in Collins vs. FHFA, click here to view.
Peter Chapman writes, “The Collins Plaintiffs sent a letter to the Fifth Circuit this morning expressing telling it the First Circuit’s decision in Aurelius v. Commonwealth doesn’t have the significance FHFA thinks it does. ”
Wall Street Journal: Freddie Mac Names Brickman to Succeed Layton as CEO
Bloomberg Law: Freddie Mac Says Brickman to Replace Layton as Top Executive
National Mortgage News: 5 questions for Freddie Mac’s next CEO
DS News: Fannie Mae Board Welcomes Two New Directors
Housing Wire: Fannie Mae names two additions to its board of directors
Bill Maloni’s GSE Blog: SBC GSE Hearings, which tough questions should/could be asked and issues explored?
March 21 2019
American Banker: Housing advocates surprisingly upbeat on FHFA nominee
March 20 2019
Forbes: Fannie And Freddie Need More Capital
American Banker: The inconvenient truth for GSE reform plans
Breitbart: Trump Budget Forecasts Fannie and Freddie Earnings Shortfall
Prospects For Fannie/Freddie Recapitalization In An Environment Of Political Risk: An Allegory
March 18 2019
New filing in Wazee vs. FHFA, click here to view.
Peter Chapman writes, “Wazee delivered its reply in support of its objection to FHFA and Treasury’s motion to dismiss to Judge Alejandro in Philadelphia this afternoon.”
American Banker: Crapo planning two days of Senate Banking hearings on GSE reform
March 14 2019
American Banker BankThink: Don’t leave community lenders behind on GSE reform
Credit Union Journal: Housing finance reform bill coming by 2020: Crapo
Seeking Alpha: FHFA Director Change May Stop Fannie/Freddie Sweep Soon
March 13 2019
CUNA: Sen. Crapo says housing finance, data, CFPB reforms are priorities
American Action Forum: Multifamily Housing and the GSEs
March 12 2019
Bloomberg: Gov’t Has Made a Lot of Money From Fannie and Freddie, Jim Millstein Says (Video)
American Banker: Conference call: What is the future of housing finance?
Builder Magazine: NAHB Aims to Tackle Top Housing Concerns in the Coming Year
Bill Maloni’s GSE Blog: Wonderful Letter, signed by a strong set of interests, but….
March 11 2019
Wall Street Journal: Private Investors Encroach on Fannie and Freddie’s Domain
Value Walk: Fannie Mae and Freddie Mac preferred shares: “a solid investment” – Bove
American Banker: FHFA chief-to-be’s top priority: More capital for Fannie, Freddie
RIS Media: A Vision for Housing Finance Reform
ETF Trends: Fannie and Freddie Bet Paying Off
Bove Briefing: Fannie Mae/Freddie Mac Waiting for Court Decision
March 8 2019
Wall Street Journal: Wall Street Votes to Support Single Bond for Fannie, Freddie
UPI: Fannie Mae, Freddie Mac pose risk to taxpayers, GAO warns
March 7 2019
New filing in Angel vs. Fannie Mae, et al., click here to view.
Peter Chapman writes, “Judge Lamberth says that Virginia’s five-year statute of limitation and Delaware’s three-year statute of limitation apply to Mr. Angel’s breach of contract and breach of implied covenant claims, so his lawsuit was filed too late.”
Housing Wire: Housing industry to FHFA: Go slow on GSE reform
March 6 2019
American Enterprise Institute: More of the Same from 28 Members of the Housing Lobby as They Opine on How the GSEs Help “Preserve Access and Affordability”
Housing Finance: Pop Quiz With David Dworkin
March 5 2019
RESPA News: NAR to FHFA: Make GSE reform a priority
March 4 2019
New filing in Fairholme v U.S., click here to view.
Peter Chapman writes, “The government delivered the cross-referencing document Chief Judge Sweeney requested”
New filing in Bhatti vs. FHFA, click here to view.
Peter Chapman writes, “FHFA has alerted the Eighth Circuit to a recent decision by the U.S. Court of Appeals for the First Circuit in Aurelius v. Commonwealth finding that the restructuring work done by unconstitutionally appointed board members was not invalid and would not be vacated.”
New filing in Collins vs. FHFA, click here to view.
Peter Chapman writes, “FHFA has alerted the Fifth Circuit to the recent decision by the U.S. Court of Appeals for the First Circuit in Aurelius v. Commonwealth finding that the restructuring work done by unconstitutionally appointed board members was not invalid and would not be vacated.”
American Banker: Housing groups urge FHFA’s Otting to be cautious on GSE reform
Law 360: Go Slow And Steady On GSE Reform, Groups Tell FHFA Head
Market Watch: At CPAC, talk of ‘phasing out’ Fannie Mae and Freddie Mac
Scotsman Guide: Untangling the GSE Mess
Novogradac: New Head of FHFA Could Mean GSE Reform in 2019
Bill Maloni’s GSE Blog: GSE Cats and Dogs
March 1 2019
American Banker: GSE reform proposals have small lenders on edge
Housing Wire: The way to reduce taxpayer risk in the mortgage market
Mortgage Media: Michael Bright: Looking Under the Hood at Ginnie Mae, GSE Reform and Securitization
Chicago Agent Magazine: What’s ahead for FHFA nominee Mark Calabria?